I’m considering an offer from Snap. How is the company doing these days? The number of users and its growth seem to be still solid, like more than 15% yoy. But, the revenue growth is lagging. They had a negative growth at the latest earning. Does the company have a chance to ever come back, when they transform their monetization platform and the macro economy is recovered? I’m hoping that the stock doubles up in the next couple of years. It would be a life changing opportunity. I’d like to see whether I’m biased and looking at the too bright side. Old TC: 520k New TC: 650k YOE: 5 #snap #snapchat
It's doing badly as a company. Search on Blind and you’ll see. What is your offer breakdown btw?
I wouldn’t share too much detail. I think it’s a quite standard. Did you lose your faith with the company? What makes you still be with Snap? I’m not sarcastic, but genuinely wonder employee perspectives.
Yes, I have zero faith in this company. I just don’t have the time and energy to interview because they make me work so hard, plus this shitty job market. Otherwise I would have jumped in a heart beat.
Don't they have quarterly PIP Quota? Search on Snap pip on blind. They had a 10% pip quota last year and their leadership is from Amazon. As usual their Employees here deny having a PIP Quota as if they are L7 managers but they are just minions who have no clue what happens above their pay grade.
Who cares how the company is doing when you are getting a new hire offer of 650k at this low stock price. We’ve effectively bottomed around $8 from what it looks like. I have zero faith in the company, but I’d absolutely join for that pay day.
If moral is so bad, people around me would drag me down regardless how much money I’d make. Hmm, I probably need to watch this thread and think hard before making a decision.
Ah yeah morale is definitely not good. But a lot of people are still working quite diligently.
If you want to work for a company preying on children and destroying their minds ...
Do you mean, something like FB and IG? lol
Those too. But Snapchat is apparently worse when it comes to girls self harming because of stuff they see on there. Either way it's all bad and even if offered $1mil i could never work there.
Surprised they have such a high rating on blind after all I’ve heard about them
Me with just under 6 YOE (5 at Meta) only clearing snap's L4 interview loop…
Just survivor bias, I have seen plenty of experienced and talented people got down leveled by companies like Snap, Google etc. perform well at work != good interview performance, perform well for one interview != perform well for another interview, you think you cracked the interview != interviewer like your interview performance.
Dang, if I stay 10 years at my company I doubt I’ll have even half that TC 🥲
Yeah staying at a company for a long time is not how you increase TC
Which org?
Seeing this trend in Blind as of late. Way understating yoe, just for those extra brag points.
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That's an L6 offer?
Yes it is
Congrats. At 5 yoe you must be killing the interview